See original
LIVE
Crypto Potato
--
Whales quietly accumulate these altcoins during the recent price dip
During the recent price correction, large investors (whales) have accumulated several notable altcoins, including Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP. Specifically, whale wallets purchased over 80 million ADA in 48 hours, despite the price drop. For Dogecoin, whale wallets bought an additional 210 million DOGE as the price fell. With Bitcoin, 342 wallets holding over 100 BTC were created as the price dropped from $104,000 to $90,000. Finally, large wallets accumulated over 100 million XRP. This accumulation activity indicates confidence in the long-term potential of these assets, despite short-term volatility. Additionally, whales have also been actively accumulating DeFi tokens like UNI and AAVE, and there are reports of accumulation of FTM and OP. However, it is worth noting that some whales also sold off ADA before the token unlock.
During the recent price correction, large investors (whales) have accumulated several notable altcoins, including Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP. Specifically, whale wallets purchased over 80 million ADA in 48 hours, despite the price drop. For Dogecoin, whale wallets bought an additional 210 million DOGE as the price fell. With Bitcoin, 342 wallets holding over 100 BTC were created as the price dropped from $104,000 to $90,000. Finally, large wallets accumulated over 100 million XRP. This accumulation activity indicates confidence in the long-term potential of these assets, despite short-term volatility. Additionally, whales have also been actively accumulating DeFi tokens like UNI and AAVE, and there are reports of accumulation of FTM and OP. However, it is worth noting that some whales also sold off ADA before the token unlock.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
5
0
Replies 0